 |
| Technical analysis for APPLE share 28-7-2015 |
APPLE Share moved yesterday in the average movement of 161 pips, its highest level at 123.49 and the lowest Level at 122.03 and closed at 122.72 to lose 27 Pips according to economic data from the USA.
Apple share opened today at 123.35 to make a Gap below the wedge
APPLE moves in a series of down corrective waves after breaking the wedge
APPLE posts record Q3 profit, revenue double in china to 13.2B
Iphone sales climbed 35% to 47.5M
It is expected that APPLE share is heading targeting 121.70 as a target on time frame of four hours and until now we see the Bears control on market direction
And the Relative Strength Indicator "RSI" show us distribution operations at the market
Today we could see violent swing in equity markets because of the economic data from the USA
Support level: 122.00 and 121.28 and 120.54
Resistance level: 123.46 and 124.20 and 124.92
More Technical Outlook FxStations
0 comments:
Post a Comment